News on Stock Activity and NULL

Abbott CEO's pay falls on reduced stock options

2010-03-15T16:46:12Z

<div id="subtitle">Abbott Laboratories gives CEO almost $22 million in pay, down on lower stock options</div><div><p>The chairman and CEO at Abbott Laboratories received a 13 percent drop in total compensation last year, mainly as a result of reduced stock options.</p><p>The North Chicago-based company disclosed in a regulat...

Phillips-Van Heusen to buy Hilfiger for $3 billion

2010-03-15T16:15:11Z

<div><p>NEW YORK/BANGALORE (Reuters) - Phillips-Van Heusen <PVH.N>, owner of the Calvin Klein label, agreed to buy fashion brand Transatlantic Holdings</div><div><p>Insurer American International Group Inc. said Monday it closed a secondary public offering of Transatlantic Holdings Inc. for about $452 million.</p><p>The nearly 8.5 million shares...

Limited Brands to pay $1 dividend, start buyback

2010-03-15T14:45:28Z

<div id="subtitle">Limited Brands declares dividend of $1, authorizes buying back $200 million in shares</div><div><p>Retailer Limited Brands Inc., owner of Victoria's Secret, said Monday that its board of directors has declared a special dividend of $1 per share and authorized a share repurchase program of $200 mi...

PepsiCo to buy back up to $15 billion in shares

2010-03-15T08:15:10Z

<div id="subtitle">PepsiCo to repurchase up to $15 billion in shares; raises annual dividend by 7 percent</div><div><p>PepsiCo said Monday that it will buy back up to $15 billion worth of its own common stock through June 2013.</p><p>Shares rose nearly 2 percent in premarket trading.</p><p>"The board's action reflects continued confidence in the growth of our business and our commitment to pro...

Financial Engines hoping to raise $160M in IPO

2010-03-15T07:45:30Z

<div id="subtitle">Retirement plan advisory firm Financial Engines hoping to raise $160 million in IPO</div><div><p>Portfolio manager and advisory firm Financial Engines wants to raise about $106 million in its initial public offering expected this week.</p><p>Three out of four companies priced shares within expectations last week, potentially signaling the rough start for the IPO mark...

Philip Morris International declares dividend

2010-03-12T15:32:31Z

<div id="subtitle">Cigarette maker Philip Morris International declares dividend of 58 cents per share</div><div><p>Cigarette maker Philip Morris International Inc. has declared a regular quarterly dividend of 58 cents per share.</p><p>The dividend is payable on April 9 to stockholders of record on March 25, the company said Thursday.</p><p>Shares dipped...

Saul Centers declares quarterly dividend of 36c

2010-03-12T14:32:13Z

<div id="subtitle">Saul Centers declares quarterly dividend of 36 cents per common share</div><div><p>Saul Centers Inc. declared a quarterly dividend of 36 cents per common share. The dividend will be paid on April 30, 2010 to shareholders of record on April 16, 2010.</p><p>The real estate investment trust also declared a quarterly dividend of 50 cents per depository share for its 8 percent Seri...

Adobe CEO 2009 pay package down 68 percent

2010-03-12T13:16:48Z

<div id="subtitle">Adobe CEO gets pay package of $5.2 million in 2009, down 68 percent</div><div><p>Shantanu Narayen, the president and CEO of software maker Adobe Systems Inc., was awarded compensation valued at $5.2 million in fiscal 2009, a 68 percent decline in a year that saw the recession weaken demand for its products.</p><p>Narayen received a base salary of $875,000 for the fiscal year...

KKR to list shares on NYSE

2010-03-12T11:30:18Z

<div id="subtitle">Private equity firm Kohlberg Kravis Roberts plans move to NYSE</div><div><p>KKR & Co. LP, the parent of private equity firm Kohlberg Kravis Roberts said Friday that it plans to list its shares on the New York Stock Exchange.</p><p>KKR originally sought a public listing in the PHILADELPHIA (Reuters) - Private equity firm Kohlberg Kravis Roberts & Co <KKR.UL> has filed to list $2.2 billion in shares on the New York Stock Exchange, moving forward in its long effort to bec...

Crude Carriers shares fall in trading debut

2010-03-12T07:45:26Z

<div id="subtitle">Crude Carriers shares fall in trading debut after IPO raises $256.5 million</div><div><p>Shares of Crude Carriers are falling in their market debut Friday after its initial public offering raised $256.5 million.</p><p>Crude Carriers, based in Greece, had hoped to raise as much as $270 million.</p><p>Shares are trading Friday at $18.50 per share, down 50 cents, or 2.6 percent from their ...

Crude Carriers raises $256.5 million in IPO

2010-03-12T05:00:05Z

<div id="subtitle">Crude Carriers raises $256.5 million in IPO; shares price at bottom of expected range</div><div><p>Crude Carriers Corp. raised $256.5 million in its initial public offering, the Greek shipping company said Thursday.</p><p>The 13.5 million shares in the offering priced at the bottom of their expected range of $19 to $21.</p><p>Crude Carriers is the second ship...

AVEO Pharmaceuticals IPO prices below expectations

2010-03-12T04:45:07Z

<div id="subtitle">Biotech AVEO Pharmaceuticals raises $81 million in IPO; shares price below expected range</div><div><p>AVEO Pharmaceuticals Inc.'s initial public offering priced below expectations, resulting in $81 million in proceeds, the biotechnology company said Friday.</p><p>AVEO, which develops cancer therapies, sold 9 million shares for $9 apiece. It had hoped to raise ...

Tyco board declares dividend of 0.22 Swiss Francs

2010-03-11T14:00:24Z

<div id="subtitle">Tyco board declares quarterly dividend of 0.22 Swiss Francs, 1st of 4 installments</div><div><p>Tyco International Ltd. said Thursday that its board declared a quarterly dividend of 0.22 Swiss francs (21 cents) per share to be paid May 26 to shareholders of record as of April 30.</p><p>It is the first installment of an annual dividend of 0.9 Swiss francs to be paid...

Kroger declares quarterly dividend of 9.5 cents

2010-03-11T13:30:20Z

<div id="subtitle">Kroger declares quarterly dividend of 9.5 cents</div><div><p>The Kroger Co., the country's largest grocery retailer, on Thursday declared a quarterly dividend of 9.5 cents per share payable June 1 to shareholders of record as of May 14.</p><p>Shares of Kroger were down 40 cents to $21.75.</p><p>Kroger operates grocery stores in 31 states under brands including Kr...

Options exchange CBOE files for $300 million IPO

2010-03-11T12:16:23Z

<div id="subtitle">Options exchange CBOE files for $300 million IPO as it converts from member-owned organization</div><div><p>The last major private exchange left in the U.S., the Chicago Board Options Exchange, filed for an initial public offering of up to $300 million Thursday.</p><p>The CBOE plans t...

Sensata raises $568.8M in biggest IPO this year

2010-03-11T06:15:38Z

<div id="subtitle">Sensata prices shares at bottom of expected range, raises $568.8M in biggest IPO this year</div><div><p>Sensata Technologies Holding NV priced its shares at the bottom of its expected range, raising $568.8 million in the biggest initial public offering so far this year.</p><p>The Netherlands comp...

Heinz declares quarterly dividend of 42 cents

2010-03-10T15:32:21Z

<div id="subtitle">HJ Heinz board declares quarterly dividend of 42 cents, payable April 10</div><div><p>The H.J. Heinz Co. on Wednesday said its board declared a quarterly dividend of 42 cents.</p><p>The ketchup maker said the dividend is payable April 10 to shareholders of record as of March 24.</p><p>Heinz shares closed Wednesday trading up 8 cents at $46.36, after hitting a 52-...